PM limits audits to once a year

Prime Minister Nguyễn Xuân Phúc has asked ministries and agencies when developing inspection and audit plans to ensure that enterprises are inspected and audited no more than once a year.

Major home expo to feature 450 firms

VIETBUILD Home, the annual exhibition on housing, home decoration and household appliances, will be held at the Saigon Exhibition and Convention Centre from December 15 to 19, enabling people to shop for the New Year holidays.

WB ready to assist with VN reforms

The World Bank (WB) is willing to assist Việt Nam in reforming State-owned enterprises (SOEs), WB Country Director for Việt Nam Ousmane Dione told Deputy Prime Minister Vương Đình Huệ.

VN tea exporters enjoy record year

Tea exports in the past eleven months reached 118,000 tonnes, earning US$197 million, increasing 7.1 per cent in volume and 4.3 per cent in value compared to the same period last year.

Textile exports to hit $28.5b

Việt Nam’s textile and garment exports this year are estimated to reach US$28.5 billion, meeting roughly 92 per cent of the set plan due to market difficulties, the Việt Nam Textile and Apparel Association (Vitas) reports.

Gelex initiates plan to take over STG

Vietnam Electrical Equipment Joint Stock Corporation (Gelex) has announced its plan to purchase 21.3 million shares of South Logistics Joint Stock Company (Sotrans).

Khánh Hòa to build fisheries centre

The People’s Committee of the southern province of Khánh Hòa has approved the construction of a major fisheries centre for the coastal south central region.

No zero-interest loans for Tết

Market would have enough supply of food on Tết festival though major cities have abolished mechanism on giving loans with zero interest rate from the cities’ state budget for enterprises to purchase goods serving Tết festival.

Shares fall following banker arrests

Shares fell on the two local exchanges yesterday as banks suffered from the arrest of top bankers and expectations of a US interest rate hike kept investor confidence low.

Realty market poised for strong growth next year

After posting a stable performance this year, the property market is poised for solid growth in 2017, driven by the improved economic situation, and developers more focused on market demands.

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